A shocking lack of transparency in the Ghanaian fishing industry has fostered corruption and illegal fishing - leading fish stocks to plunge to their lowest recorded levels -- the Environmental Justice Foundation (EJF) and its partners said in a new report released Friday.

The report published by the EJF and Hen Mpoano, under the EU-funded Far Dwuma Nkɔdo project, shows illegal operators disguise the identity, ownership and history of fishing vessels, avoiding detection and sanctions.

As a result, illegal fishing is rife and vast overcapacity in the fishing fleet continues to decimate fish stocks.